Articles by Central Banking Newsdesk
Ingves says responsibility for liquidity risk management lies with banks, not regulators
Basel Committee chairman says banks must develop controls to help them manage the liquidity risk that is inherent in their activities of maturity transformation
Bush adviser appointed to Bank of England MPC
Kristin Forbes second woman to be appointed to the all-male committee of nine in two months; former member cautions over lack of labour economics experience on MPC
Canadian dollar holdings could be twice Cofer estimates – Bank of Canada
Study suggests IMF may have underestimated Canadian dollar's rise as reserve currency; growing global demand for government bonds has liquidity implications at home
Fijian deputy out, governor could be next
The deputy governor at Fiji’s central bank announces his retirement, while the president hesitates over whether to hand the governor a second term
Central banks must grasp opportunity to shrink balance sheets safely
Central bank purchases of government bonds have turned traditional dogma on its head - but dangers lurk in the unwinding, warns Philip Turner
Central American central bank losses smallest in 25 years
However, capital positions remain weak and would even be negative if claims on governments were valued according to cashflow, IMF study finds
RBNZ remains uncomfortable with house prices
Reserve Bank of New Zealand will maintain its ‘speed limit’ on mortgage lending with high loan-to-value ratios until the housing markets ‘comes into better balance’
Tombini rejects ‘generalised vulnerability’ of EMs
Brazilian governor dismisses notion that exchange rate depreciation in wake of Fed taper is associated with an ‘inevitable, looming’ external payments crisis in emerging market economies
ECB’s Mersch defiant on OMTs
Yves Mersch tells an audience in Berlin the ECB would be willing to buy government bonds in the secondary market before the European Court of Justice’s ruling on OMTs
Risk of dealers exiting from market-making 'much reduced', says BoE's Cunliffe
Bank of England deputy governor for financial stability says prospective UK leverage ratio framework 'could include power to vary ratio to counter macro-prudential risks'
ECB paper finds press conferences have ‘gained in importance’
European researchers find the president’s press conferences have become a more important communication tool since the financial crisis
Tetangco looks to promote financial inclusion on Asian research agenda
Philippines governor Amando Tetangco to encourage studies on the interaction of financial inclusion with monetary policy and financial stability as part of the research agenda at BIS Asian office
Canadian government wields macro-prudential power, IMF paper says
Government control over high loan-to-value mortgages has successfully taken some heat out of the Canadian housing market since the economy began to recover
Maldives Monetary Authority denies knowledge of terrorist funding
MMA rejects statement in US department of state report that the central bank is aware of funds being raised on the islands to support terrorism abroad
FSB issues peer review on ‘uneven' progress to end credit ratings reliance
Basel-based Financial Stability Board says its members must not replace mechanistic reliance on credit rating agencies with an equally narrow substitute
Kohn compares UK and US macro-prudential experience
The former Fed vice-chair and member of the BoE's financial policy committee says any arrangement needs central bank in 'major role'
Constâncio calls for centralised deposit insurance scheme
European Central Bank’s Vítor Constâncio welcomes legislators deal on deposit guarantees but insists they are ‘only a little part’ of what is necessary
New Zealand securities settlement system could go private
Reserve Bank of New Zealand issues public consultation on future of two major settlement systems; NZClear could be separated from Esas and moved into private sector
FOMC's Lockhart expects rate hike in second half of 2015
Atlanta Fed president believes QE will be 'completely phased out' by the end of 2014, but cautions it may take months to determine whether the US is on a 'sustained growth path'
RBA says low rates appropriate for 'some time yet'
The Reserve Bank of Australia sees evidence of the effects of 'substantial' monetary stimulus, but also says economy continues to face 'significant headwinds'
Cyprus finance ministry to publish SWF framework this year
Cypriot finance minister Harris Georgiades says he will finalise plans for a sovereign wealth fund this year, but monetising the country’s gas deposits remains a distant prospect
Monetary and macro-prudential co-ordination works well when pulling in same direction
Monetary and macro-prudential policy co-ordination brings benefits when they are both aiming at the output gap, but not when the regulator emphasises financial stability
People: BoK appoints new reserves chief; Fed staffer returns to head up Riksbank research
Chae Sun-Byoung new head of reserve management at Bank of Korea; Jesper Lindé returns to head up Riksbank's research department; Linette Field put in charge of SSM deputy directorate
EBA stress tests prove contentious: have your say
Market analysts raise concerns over the lack of a deflationary scenario in the forthcoming EU wide stress test; CentralBanking.com poll asks if the tests are strict enough